thedrybandit said: "pmensky said: "I don’t understand how the show could come back cheaper when it currently uses technology that is 35 years old, and the show recouped? My understanding is that the most recent tour that was scaled down was scaled down to play smaller venues, not because it was less expensive."
By closing the original production, they can add automation, have a younger cast that wouldn't push for higher salaries, and cut down on the royalties that get paid to the the original creative team or their estates. They can also cut the orchestra down, as they did in London. Smaller orchestra means less money paid each week to musicians, as does automating the show more. It's cheaper to pay one technician to run automation than it is to have a full crew backstage to move set pieces around. Lots of small changes like that let Cameron Mackintosh shove extra money in his pocket, rather than pay the people making the show happen."
A lot of this is true, but it’s sort of like robbing Peter to pay Paul. First, the salary of the actors argument is not very valid here, Aside from a few people who may have been with the current production for a while, they don’t just pay young people less, and there are still young people coming and going from the current production. This is not really a valid point in the big picture of a budget. Yes, they can automate, but they have to pay for all new systems for that, as well as new lights, costumes, props, etc., and while they will pay less in royalties to the old creatives they’re still going to pay royalties to the new creatives. Also, it’s not going to be any cheaper to rent a theatre or to pay a show’s weekly costs in two years. So yeah, if the new production were to run for a very long time, they’d eventually save some money, but that’s a pretty big gamble to assume an immediate revival would have the kind of longevity required for this to pay off.